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MOSCOW — Lawyers for wanted billionaire Mikhail Gutseriyev on Wednesday challenged a warrant for his arrest, as the fate of the country’s seventh-largest oil company and its former chief remained unclear. Gutseriyev’s lawyers appealed the arrest warrant, issued Tuesday by Moscow’s Tverskoi District Court, and a hearing was set for Sept. |
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Despite a hunger strike that lasted for two weeks and ended Wednesday, St. Petersburg anarchist Andrei Kalenov, who has been held in custody in connection with the bombing of a St. |
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As many Russian TV channels compete by dumbing down St. Petersburg-based Channel 5 says it plans to differentiate itself by going upmarket. “In Petersburg we have always preferred rock ‘n’ roll to bubblegum music and football to a mud fight,” Alexandra Matveyeva, the Channel’s chief producer said explaining the principle behind the format of Channel 5’s new season, which begins Monday. |
All photos from issue.
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 MOSCOW — Guards at a railway in the Sverdlovsk region detained a television crew Wednesday after the journalists planted a fake bomb on the tracks while filming an episode on terrorism for a news program. The three-person crew planted several pieces of soap wired to a pager on the tracks at the bridge over the Iset River in central Russia. |
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Toy Gun Bandit ST. PETERSBURG (SPT) — A 27-year-old schoolteacher brandishing a toy pistol robbed a stationery store in St. Petersburg, Gazeta.ru reported Tuesday, citing the city’s police. |
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MOSCOW — The No. 2 man in the nationalist Liberal Democratic Party, flamboyant State Duma Deputy Alexei Mitrofanov, announced Wednesday that he was switching to the No. 2 pro-Kremlin party, A Just Russia. “The leaders of the Communists, the LDPR, the Union of Right Forces and Yabloko should all shift to A Just Russia now. Then this conglomeration of disparate people would be able to oppose United Russia,” Mitrofanov told Ekho Moskvy radio, referring to the main pro-presidential party. Saying that not a single budget amendment or piece of legislation offered by opposition parties had been adopted by the United Russia dominated Duma in the last four years, Mitrofanov called for the rapid creation of a two-party system. |
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 MOSCOW — Investigators will travel to France in the coming days to give evidence to French prosecutors in a money-laundering case against London-based tycoon Boris Berezovsky, the Prosecutor General’s Office said Wednesday. |
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Magnitogorsky Metal Plant will invest three billion rubles ($116.8 million) into a new production complex in St. Petersburg, the Committee for Economic Development, Industrial Policy and Trade said Thursday in a statement. The company will invest into a service center and a plant for the production of standard metal details. |
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Rising incomes mean Russians have become more optimistic about their future and about the prospects of the national and regional economies, research by the Rosgosstrakh insurance company released Tuesday has shown. |
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Gazprom Regulation BRUSSELS (Bloomberg) — European Union regulators are studying how plans to split up energy companies would be applied to foreign firms such as Russia’s natural-gas exporter Gazprom, an EU official said. The European Commission, the EU’s executive arm, will propose legislation on Sept. |
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Baltika Buy Out ST. PETERSBURG (SPT) — Baltika brewery plans to buy out a part of its shares to decrease authorized capital stock, Interfax reported Tuesday. |
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MOSCOW — Midsized lender Moskommertsbank has stopped issuing new mortgages until October in the wake of the U.S. subprime mortgage crisis that has led to a global liquidity squeeze, Vedomosti reported Wednesday, citing sources close to the lender. Alexei Godovanets, CEO of Moskommertsbank, sought to downplay the reports. |
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MOSCOW — Svyazinvest reported Wednesday that its net profit nearly doubled last year but said it could have performed even better with less state interference. |
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MOSCOW — Spanish carmaker SEAT on Wednesday announced that it was returning to Russia to cash in on growing car sales, two years after pulling out of the country’s booming automotive market. SEAT, which had previously declined an offer from its parent company Volkswagen Group to open a network of dealerships in the country, is returning on the back of Poland’s Iberia Motor Company, which has also been selling the Spanish-made cars in Ukraine, Belarus and the Baltic states. |
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CIT Finance investment bank will acquire a blocking stake in Pur Pur, a company that retails bijouterie, accessories and cosmetics. The bank hopes this acquisition will help it diversify its portfolio in the booming retail industry. |
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Last week, sources at Rosoboronexport announced a possible partnership between the Magnitogorsk Iron and Steel Works, also known as Magnitka, and RusSpetsStal, a special steelmaker formed last year by Rosoboronexport. When news of this started to spread, RusSpetsStal’s general director, Sergei Nosov, publicly denied such a deal was in the works. The general director of Rosoboronexport, Sergei Chemezov, is a close ally of President Vladimir Putin. Chemezov has already gained control over a number of businesses, including VSMPO-Avisma, the world’s largest titanium manufacturer, and AvtoVAZ, the Tolyatti-based carmaker. In fact, Chemezov’s director at AvtoVAZ, Vladimir Artyakov, was appointed Monday as the governor of the entire Samara region. |
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 Many Russians consider Europe to be the epitome of correct behavior on the roads. This is true, but it is largely due to the fact that fines for road violations in Europe are extremely high. |
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 A heaving mass of celebrities and their admirers gathered on the steps of the Pushkin Cinema in Moscow on Sunday, Aug. 19. There was a muscle-bound man dressed as a gladiator, complete with fur leg warmers. Nearby was squeaky-clean pop star Dima Bilan. |
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With hot days on their way out, the open-air music cafe Verandah More on Krestovsky Ostrov said it would fold on Sept. 8 with an all-night free farewell party. |
 Sergei Prokofiev’s Seventh Symphony was performed for only the fourth time since it was written in 1951-2 in London on Tuesday, courtesy of the London Symphony Orchestra and its new principal conductor Valery Gergiev, as part of the annual BBC Proms series of concerts at the Royal Albert Hall. |
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Work by the world’s best photojournalists are on display in St Petersburg, offering viewers both bitter and sweet memories of the world in 2006. The World Press Photo 2007 exhibition at the Museum of the St. |
 LONDON — Ten years have passed since Diana, Princess of Wales, died and Britain erupted in a febrile convulsion of grief and anger, but in some ways you would hardly know it. The tabloids are still spinning breathless tales of conspiracy, cover-up and royal squabbling. |
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Last week, the world gasped in awe as a 54-year-old man took his shirt off while on vacation. This week, Komsomolskaya Pravda responded to a huge wave of popular demand, probably, by publishing a page of exercises that promised to give you the abs and pecs of a presidential incumbent. |
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It's been about two and a half years since Vox made itself a snug in the pedestrianized side street Solyanoy Pereulok. Despite fast changing restaurant fashions, this Italian restaurant remains popular. Vox’s central location (only a short walk away from the historic Summer Gardens), its summer breakfast menu and a beautiful view of a church from its terrace make the restaurant an elegant and convenient destination for tourists to start the weekend in St. |
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 OSAKA, Japan — Jana Rawlinson stormed to victory in the women’s 400 meters hurdles on Thursday to become only the second Australian to win two world titles. The 24-year-old outpaced defending champion Yuliya Nosova over the last 200 meters to reclaim the title she won under her maiden name Pittman in 2003 in a season’s best 54. |
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OSAKA, Japan — American Tyson Gay became the third man in history to win the world championship sprint double with an emphatic victory in the 200 metres final on Thursday. |
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SYDNEY — Sydney’s multi-million dollar spring racing carnival was cancelled on Thursday after eight horses at the city’s premier track were diagnosed with equine flu, officials said. All thoroughbred horses in the worst affected state New South Wales (NSW) have been banned from Melbourne’s spring carnival, which includes the country’s most prestigious race the Melbourne Cup in November, reported local media. |
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OSAKA, Japan — Britain’s newest world champion Christine Ohuruogu said on Thursday she was “very upset and very disappointed” by the mixed reaction to her world championships glory in the media back home. |
Temp: -2°C moderate or heavy snow showers
Issues Archive